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rlands July 29th, 2015 1:37am

Your middle school-aged child earns her own money by babysitting. Should she be able to spend that however she wants, or do you screen her purchases?

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BroadwayGurl Previously Potterhead4eva
07/29/15 12:34 pm

Screen, but be generous about it

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Korosensei Maine
07/29/15 12:20 pm

I can't think of anything she can legally buy at that age that I've got a problem with

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ronderman North Carolina
07/29/15 9:47 am

While she is in My house, I'm the boss. I will screen, but give her lots of leeway.

I have a 13yo that was just up for a job earning hundreds of dollars. She knows going into it that the money is her money but it will be tightly watched.

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azco
07/29/15 6:23 am

Anything but drugs or alcohol

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johnnycub Bronx
07/29/15 5:48 am

There should be done restrictions, but generally speaking she decides

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BetweenRivers
07/29/15 12:36 am

No drugs, alcohol, revealing clothing, and animals are off limits.

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bowtieguy wishin I was fishin
07/28/15 10:47 pm

Within a few boundaries ex. Dildo's condoms a vibrator those kinds of things would not be allowed

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bowtieguy wishin I was fishin
07/28/15 10:49 pm

Or slutty clothes

Wes28 CBus
07/28/15 10:09 pm

She can decide within reason. If she spends tops much of the money i will step in and force her to save some to learn good habits.

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chickencookie It really is
07/28/15 9:08 pm

Clothing and makeup within reason or saving for a concert or event she wants to attend.

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Korosensei Maine
07/29/15 12:21 pm

So wait you wouldn't let her buy tickets to a concert?

raywygo Pittsburgh
07/28/15 8:55 pm

As long as it's not drugs or alcohol idc.

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tenletters New York
07/28/15 8:47 pm

I mean, obviously heroin and cocaine and the likes are off limits. But while I wouldn't screen her on how she spends her money, I would try to help her and teach her the ways of money management.

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badattitude no place like home
07/28/15 7:07 pm

I want to see a spending report. I want to see her start acting responsibly with money. 15% to saving 10% to charity. Smart money, smart kids is a great book for her.

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cathyro Long Beach,Ca
07/28/15 7:01 pm

I will screen but still give her a lot of leeway on what she chooses.

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LochnessMonster Milky way
07/28/15 6:58 pm

I will screen but only advise her on wise or foolish purchases. Its still her choice on what to spend it on.

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cpaswr just say the letters
07/28/15 6:56 pm

Spending gets screened. I'm sure there are some things I don't want my son buying.

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Cole12 ...
07/28/15 6:42 pm

She decides. However, I'd tell her that for every dollar she saves and invests, I'd match it.

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rlands
07/28/15 6:43 pm

Oh that's an awesome idea. Good parenting.

Cole12 ...
07/28/15 6:52 pm

Economics is all about incentives! I think it's vital that children start saving young - compound interest is really a beautiful thing. If you start investing in middle school, you'll be in a better situation than 90% of people when it comes to...

Cole12 ...
07/28/15 6:52 pm

college and student loans.

rlands
07/28/15 6:55 pm

Exactly! I was thinking psychology. Get that positive reinforcement goin. It's absolutely good life planning to start saving as early as possible, even if it's like $1 a month in elementary school haha

EnderWiggin So disillusioned...
07/28/15 6:42 pm

We will do the three envelopes: Spend, Save, Charity.

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rlands
07/28/15 6:43 pm

Does she choose the charity?

EnderWiggin So disillusioned...
07/28/15 6:47 pm

She will. We just started it in June.

Kay41 the Midwest
07/28/15 6:39 pm

I'm going to make her save a portion in a bank account so that she learns how.

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rlands
07/28/15 6:40 pm

^ my mom made me put away a certain percentage religiously and I've been so grateful to her for starting that trend with me